| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Deutsche Bank to price 18-month knock-out notes tied to Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., Nov. 2 – Deutsche Bank AG, London Branch plans to price 0% knock-out notes due May 8, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
A knock-out event will occur if the final index level is less than the knock-out level, which is expected to be 70.1% of the initial index level and will be set at pricing.
If the final index level is greater than or equal to the initial index level, the payout at maturity will be par plus the index return.
If the final index level is less than the initial index level but a knock-out event has not occurred, the payout will be par.
If a knock-out event has occurred, investors will lose 1% for every 1% that the index’s final level is less than its initial level.
JPMorgan Chase Bank, NA and J.P. Morgan Securities LLC are the agents.
The notes will price Nov. 3.
The Cusip number is 25155MFF3.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.